In This Article:
Call Will Take Place on Friday, December 6 at 11:00 a.m. CST / 12:00 p.m. EST
NexPoint to Discuss Transaction's Impact to UDF IV Shareholders and Implications for Election and Annual Meeting Next Week
DALLAS, Dec. 4, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today announced that it will hold a video call for shareholders of United Development Funding IV ("UDF IV" or the "Company") to provide updates on the Board of Trustees election and Annual Meeting.
On the call, members of the NexPoint leadership team will discuss the proposed acquisition of UDF IV by Ready Capital Corporation ("Ready Capital"), which was announced earlier this week.
Call Details and Registration Information:
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The call is scheduled for Friday, December 6 at 11:00 a.m. CST / 12:00 p.m. EST.
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To register, visit: udfaccountability.com/dec-6-update
Attendees can submit questions ahead of time using the registration link or via email at ir@nexpoint.com.
The call seeks to ensure UDF IV shareholders, as well as financial advisors and other shareholder representatives, have complete and accurate information to vote in the critical election for the UDF IV Board of Trustees at the Annual Meeting of Shareholders next week.
For more information on the election and upcoming meeting, visit udfaccountability.com/2024-annual-meeting.
About NexPoint
NexPoint Real Estate Opportunities, LLC is a wholly owned subsidiary of NexPoint Diversified Real Estate Trust, Inc. (NYSE: NXDT), an affiliate of NexPoint Advisors, L.P.
NexPoint Advisors, L.P. is an SEC-registered adviser on the NexPoint alternative investment platform. It serves as the adviser to a suite of funds and investment vehicles, including a closed-end fund, interval fund, business development company, and various real estate vehicles. For more information visit www.nexpoint.com
IMPORTANT INFORMATION
NexPoint Real Estate Opportunities, LLC ("NexPoint") intends to deliver a proxy statement with respect to its solicitation of proxies for nominees to be elected to the United Development Funding IV ("UDF IV") Board of Trustees at the Annual Meeting of Shareholders of UDF IV. The date for the Annual Meeting has not yet been set and NexPoint is not soliciting proxies at this time. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE NEXPOINT PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) WHEN AVAILABLE IN ITS ENTIRETY BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Copies of the documents will be made available free of charge from NexPoint by accessing the website www.udfaccountability.com.